Question
Which of the following types of credit facilities is
most suitable for an MSME requiring financing to maintain inventory levels, receivables, and working capital needs?Solution
Cash Credit is a short-term fund-based facility provided by banks to finance working capital needs like inventory and receivables. It is designed to help businesses maintain their day-to-day operational needs and is often renewed annually as a revolving credit facility.
- What does DPI stand for in the context of printing resolution?
Which of the following statements is/are correct regarding the 16th Finance Commission (FC)?
1. It is established under Article 280 of the Indian...
- 'Atla Taddi' is a traditional festival celebrated in which Indian state?
- Which state government approved the Krishak Kalyan Mission in April 2025 to consolidate farmer welfare programs?
Match the following organizations with their headquarters:
Which is India’s oldest university, established in 1818?
By what year does India aim to eliminate malaria?
- Which Indian state became the first to establish a Senior Citizens Commission?
In commemoration of the birth anniversary of former Prime Minister Atal Bihari Vajpayee, Chief Minister Yogi Adityanath has inaugurated Uttar Pradesh's ...
Which operation was conducted by the Indian Navy to rescue an Iranian ship from pirates?
